Including the aircraft that was just delivered, Tiger operates a fleet of 18 A320s. It plans to increase its fleet to 68 by December 2015.

"The increased fleet is now ready to serve our expanded route network in both Singapore and Australia, as we commence services between Singapore and Hong Kong in February, and add services to Brisbane from both Melbourne and Adelaide from March," says Davis.

Tiger recently secured pre-delivery payment financing for another five A320s from Standard Chartered. These will be delivered this year and in 2011.

The airline raised S$247.7 million ($178.5 million) from its initial public offering this month to fund the acquisition of new aircraft and to expand its network.